internationaleconomics9thedition(instructor39smanualwith国际经济学第九版教师手册

internationaleconomics9thedition(instructor39smanualwith国际经济学第九版教师手册内容摘要：

try to: a. Increase private saving relative to investment b. Increase private consumption relative to saving c. Increase private investment relative to consumption d. Increase private investment relative to saving 33. Reducing a current account deficit requires a country to: a. Increase the government’s deficit and increase private investment relative to saving b. Increase the government’s deficit and decrease private investment relative to saving c. Decrease the government’s deficit increase private investment relative to saving d. Decrease the government’s deficit and decrease private investment relative to saving 34. Reducing a current account surplus requires a country to: a. Increase the government’s deficit and increase private investment relative to saving b. Increase the government’s deficit and decrease private investment relative to saving c. Decrease the government’s deficit and increase private investment relative to saving d. Decrease the government’s deficit and decrease private investment relative to saving 35. Concerning a country’s business cycle, rapid growth of production and employment is monly associated with: a. Large or growing trade deficits and current account deficits b. Large or growing trade deficits and current account surpluses c. Small or shrinking trade deficits and current account deficits d. Small or shrinking trade deficits and current account surpluses 36. The burden of a current account deficit would be the least if a nation uses what it borrows to finance: a. Unemployment pensation benefits b. Social Security benefits c. Expenditures on food and recreation d. Investment on plant and equipment 188 Test Bank for International Economics, 9e 37. Concerning a country’s business cycle, __________ is monly associated with large or growing current account deficits: a. Rapid growth rates of production and employment b. Slow growth rates of production and employment c. Falling interest rates on government securities d. Falling interest rates on corporate securities 38. According to researchers at the Federal Reserve, the loss of jobs associated with a deficit in the current account tends to be: a. Offset by the increase of jobs associated with a surplus in the capital account b. Reinforced by the decrease of jobs associated with a surplus in the capital account c. A threat to the level of employment for the economy as a whole d. Of no longrun economic consequence for workers who lose their jobs TRUEFALSE QUESTIONS Table shows hypothetical transactions, in billions of . dollars, that took place during a year. Answer the next seven questions on the basis of this information. Table . International Transactions of the United States Amount Transaction (billions of dollars) Allocation of SDRs 10 Changes in . assets abroad 100 Statistical discrepancy –15 Merchandise imports –400 Payments on foreign assets in . –20 Remittances, pensions, transfers –60 Travel and transportation receipts, 30 Military transactions, –10 Investment ine, 100 Merchandise exports 350 . government grants (excluding military) –20 Changes in foreign assets in the . 190 Other services, 80 Receipts on . investments abroad 30 Compensation of employees –10 T F 1. Consider Table . The merchandisetrade balance registered a deficit of $50 billion. T F 2. Consider Table . The services balance registered a surplus of $100 billion. Chapter 11: The Balance of Payments 189 T F 3. Consider Table . The goodsandservices balance registered a surplus of $50 billion. T F 4. Consider Table . The unilateraltransfers balance registered a deficit of $40 billion. T F 5. Consider Table . The currentaccount balance registered a surplus of $30 billion. T F 6. Consider Table . The “ exports” ponent of the . gross domestic product registered $–110 billion. T F 7. Consider Table . The payments data suggest that the United States was a “ demander” of $30 billion from the rest of the world. T F 8. The balance of payments refers to the stock of trade and investment transactions that exists at a particular point in time. T F 9. Referring to the balanceofpayments statement, an international transaction refers to the exchange of goods, services, and assets between residents of one country and those abroad. T F 10. The balance of payments。